Investor Ideas Potcasts, Cannabis News and Stocks on the Move; Episode 501- Looking back at 500 Episodes Favourite Interviews - Tommy Chong, Montel Williams, Shavo from System of the Down and More
Stocks Mentioned (TSX: HIT) (NYSE: ACB) (NASDAQ: NEPT) (NASDAQ: VFF)
Delta, Kelowna, BC - November 25, 2020 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca release today's podcast edition of cannabis news and stocks to watch plus insight from thought leaders and experts.
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Investor Ideas Potcasts, Cannabis News and Stocks on the Move; Episode 501 - Looking back at 500 Episodes Favourite Interviews - Tommy Chong, Montel Williams, Shavo from System of the Down and More
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Today's podcast overview/transcript:
Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.
In today's podcast we will be looking at a few private and public company announcements.
High Tide Inc. (TSXV: HITI) (OTCQB: HITIF), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced that its wholly-owned subsidiary, Valiant Distribution Canada Inc., has signed a trademark license agreement with JW Homegoods, LLC to use the "Jane West" and "JW" trademarks for a term of 2 years (the "Jane West License"). Jane West is a high-profile American cannabis activist, influencer and founder of her global lifestyle brand. The Jane West License grants Valiant the right to manufacture, promote, advertise, distribute and sell certain types of consumption accessories in Canada, the United States, the United Kingdom and the European Union.
The royalty-based merchandising agreement includes the production of vaporizers, glass filtration devices, grinders and rolling trays, among other items. "We are excited to launch Jane West-branded products into the international legal smoke shop market as soon as possible, following the success of her established glassware line that has been widely distributed across North America," said Andy Palalas, Chief Revenue Officer of High Tide. "As the founder of Women Grow, creator of her popular glassware line and developer of a rapidly growing set of packaging partnerships, Jane is a visionary and we will be privileged to work alongside her to develop her next line of consumption accessories," added Mr. Palalas. Under its wholesale business segment, High Tide expects to design and distribute these new products as part of the established Famous Brandz line of consumption accessories, which currently includes the brands of Snoop Dogg Pounds, Cheech and Chong's Up In Smoke, Trailer Park Boys, Jay and Silent Bob, Guns N' Roses and more.
Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced today it has entered into a strategic Supply Agreement with Cantek Holdings , one of Israel's leaders in the medical cannabis field.
Under the terms of the Agreement, Aurora will supply Cantek with dried bulk flower over a two-year period, with the option to extend. The Company intends to provide Cantek with a minimum of 4,000 kgs of bulk dried flower annually, which will be processed into finished product, and co-branded under the Aurora and Cantek brand names for the Israeli market with the potential for additional international market sales. Having secured all necessary export and import permits, the initial shipment of cannabis under the Agreement occurred during the week of November 16, 2020.
"We are excited about our strategic relationship with Cantek, a leader in the Israeli market. This Agreement provides Aurora with a great opportunity to expand our medical cannabis brand and industry leading science in one of our key international markets of focus," said Miguel Martin, Chief Executive Officer of Aurora. "Today's announcement demonstrates more than just a supply agreement. It's about the strength and quality of the Aurora medical brand being validated once again by the world's medical cannabis markets, including countries like Israel in which we had no distribution prior to today. We consider this Agreement to be a significant step for Aurora, and we look forward to bringing our high-quality medical cannabis products to patients in Israel."
"We are proud to partner with Aurora, a global leader who shares with us the same quality values and commitments of meeting patients' needs and improving their quality of life. This is a vote of confidence in Cantek's leadership and the Israeli market," said Netsah Israel, Chief Executive Officer of Cantek."
Cantek is one of the leading Medical Cannabis enterprises in Israel, with a foothold across the entire value chain of the medical cannabis industry in Israel. Cantek holds strategic partnerships with prominent drugstore chains, distribution companies, clinics and is deeply involved with Israel's growing medical cannabis patient community.
Aurora is now strategically positioned in two of the largest legal medical cannabis markets outside of Canada - Germany and now Israel, one of the largest importers of medical cannabis in the world. The Company plans to continue to leverage its market leadership as it further develops its medical cannabis markets internationally in key markets.
Neptune Wellness Solutions, Inc. (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on natural, plant-based, sustainable and purpose-driven lifestyle brands, announced today it has secured its first purchase orders of its own inhouse developed Cannabis brand Mood Ring™ products to the British Columbia Liquor Distribution Branch (BCLDB), the wholesaler and public retailer of non-medical cannabis throughout the province.
Neptune's Mood Ring™ products, namely High CBD Oil and High CBD Capsules will be available for purchase in December through the BC Cannabis Store online, in addition to its 24 government-run retail locations across British Columbia. Additionally, the Mood Ring™ product line will be available to the 295 private licensed retailers in British Columbia. The products are manufactured at the Company's purpose-built facility in Sherbrooke, Quebec.
Neptune's other Mood Ring™ products, namely Classic Hashish and Legacy Hashish use the Company's newly implemented and proprietary solventless extraction for THC concentrates.
In further developments relating to Neptune's cannabis business activities, Neptune's Chief Executive Office and President Michael Cammarata stated:
- The Company is readying itself for future expansion in adult use-cannabis and global hemp, beginning in the United States with the potential for legalization of cannabis under President-Elect Joe Biden.
- In the U.S., Neptune believes its unique product offerings will likewise position the Company to enter what will be a highly lucrative market and to meet consumer demand with market-leading, dependable and responsible 'Made in the USA' brands.
- Neptune will open a Florida-based office in March 2021 to focus on U.S. legislation matters in Cannabis and global growth opportunities. This office will lead the Company's international institutional advocacy program to drive the conversion of cannabis from an illicit to regulated market.
- Sibel Uslu has joined Neptune as its Vice President of Product Development, leading all the Company's product development activities for cannabis, hemp, isolates and other specialty ingredients for new and innovative commercial products in order to continuously expand Neptune's brand portfolio.
- To date, Neptune has brought 16 SKUs to market this fiscal year - 11 of which are in adult use-cannabis and global hemp and a further five in health and wellness innovation.
- The Company's mission is to become the brand leader in cannabis and we have established a KPI program that we believe will deliver new and innovative SKUs for the next five successive quarters.
- The Company has pledged to be cruelty-free/not tested on animals in its manufacturing.
- Neptune is proactively negotiating with brand ambassadors to build, accelerate and increase product offerings across various generations and demographics.
"In Canada, Neptune anticipates further purchase orders imminently, following the signing of a supply agreement with Ontario Cannabis Store (OCS), the wholesaler and sole online retailer for recreational cannabis in Ontario, for the sale and distribution of Mood Ring™. The Company is now working with additional provincial boards to register products and increase the distribution capabilities for Mood Ring™," said Mr. Cammarata.
Neptune has secured access to a footprint for Mood Ring™ totalling 567 retail stores across the two Canadian provinces, with the opportunity to scale to additional retailers in additional provinces upon securing supply agreements.
Dr. Toni Rinow, Neptune's Chief Financial Officer and Global Operating Officer, added: "Our strategic decision to focus on the innovation of health and wellness and the superingredients that are cannaboids is based on our belief that we are standing on the edge of a plant-based transformation, driven as a result of changing consumer demand. When we look at the global market, the overall acceptance of cannabis is high across generations with 40-plus countries exploring a legal cannabis framework. What's more, estimates suggest the global market opportunity could be in excess of $250 billion within 15 years.
"What seperates Neptune from its competitors is our mission to bring cannabis to the world to harness its wide range of applications for use in anti-fungal, antibacterial, and moisturizing products. Neptune is committed to innovation. We plan to integrate cannabinoids into products from toothpaste to deodorants, hand sanitizers and to other everyday household usage products. It starts with our business in Canada, followed with an expansion into the U.S. and other countries. This is part of Neptune's commitment to deliver shareholder value - and to redefine the cannabis industry by providing sustainable consumer focused solutions."
Village Farms International, Inc. (NASDAQ: VFF) (TSX: VFF) today announced that its wholly owned Canadian cannabis subsidiary, Pure Sunfarms, has entered into an agreement
with Medical Cannabis by Shoppers Inc., a subsidiary of Shoppers Drug Mart Inc, under which Pure Sunfarms will supply a range of its branded, high quality, B.C.-grown cannabis products to be made available to Medical Cannabis by Shoppers™ customers. Shoppers is Canada's leading health, beauty and convenience retailer, and is a wholly owned subsidiary of Loblaw Companies Limited.
Supported by specially-trained Pharmacists, the Medical Cannabis by Shoppers™ online store is the largest national cannabis marketplace in Canada. Pure Sunfarms expects selected dried flower products to be available for sale on the Medical Cannabis by Shoppers ecommerce portal nationally as early as the beginning of December of this year and selected pre-roll, bottled oil and vape products to be available in early 2021. Pure Sunfarms' 28-gram (1-ounce) package offering will be the first large-format cannabis offering listed by Medical Cannabis by Shoppers.
"We are proud to partner with one of Canada's largest and most respected retailers to provide Canadian medical cannabis patients nationwide access to the same high-quality products that have made Pure Sunfarms one of the best-selling cannabis brands in our market," said Mandesh Dosanjh, President and Chief Executive Officer, Pure Sunfarms. "This partnership lays the foundation for both companies to realize future opportunities as the retail and medical cannabis landscape evolves in Canada."
Lastly today, as we celebrate our 500th episode of Investorideas.com "Potcasts", I've included my list of favorite interviews we've had over the years which I've highly recommend going back and listening to.
Tommy Chong: Obviously interviewing Tommy Chong has been one of my personal career highlights as his name has been synonymous with Cannabis for decades and he has not only been personally incarcerated for his involvement with cannabis but has also helped shaped cannabis culture today.
Montel Williams:This was one of our first high profile interviews on the podcast and one that certainly set a high bar for all future interviews. Montel was very generous with his time and is another cannabis activist has worked for years to help better educate and inform the public on the medical benefits of cannabis, specifically for M.S.
Havn Life Sciences: This interview with Tim Moore and Susan Chapelle, the Co-CEO's of Havn Life Sciences was our first interview surrounding the psychedelic industry and provided some great insight into the future of psilocybin research.
Shavo Odadjin: As a minor musician myself it was a real pleasure getting to speak with Shavo from System of the Down about his cannabis lifestyle brand and how cannabis has helped inspire and influence his music career.
Chef Joe Sasto: Another personal inspiration of mine, Chef Joe Sasto has been inspiring many cannabis cooks across North America with his Farm to Table cannabis culinary experiences.
Matt Markiewicz: The managing director of the Cannabis ETF, Matt has been on our podcast multiple times and has been one of our most informative guests when it comes to market trends providing bird's eye view of the cannabis industry.
Dooma Wendschuh: The CEO of Province Brands, Dooma is probably one of the most visionary CEO's we've had on the podcast and his company and technology focussed on brewing beer from Hemo I think will be the biggest industry game changer over the long term.
Obviously there are many more I could continue to list and I would like to thank all of the guests and experts we've had on over these years that have helped us reach 500 episodes.
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